Marine insurer appoints new CEO

Tom Rutter Tom Rutter

Tom Rutter has been appointed chief executive officer of North P&I Club’s subsidiary Sunderland Marine, a leading international insurer of fishing vessels, small craft and aquaculture risks.

He succeeds Geoff Parkinson, who retired in June this year after 19 years.

Mr Rutter has been with Sunderland Marine for over 35 years, having joined as a claims assistant in 1979. He later moved into marine underwriting and in 1992 transferred to the aquaculture department. He rose to become an associate director, later a director, and the department’s managing director in 2010.

According to North’s joint managing director Alan Wilson, “Tom has extensive international experience in all aspects of hull, P&I and aquaculture insurance, so we are delighted to confirm his appointment in this critically important role.”

Mr Rutter is internationally renowned in the aquaculture insurance industry. He has represented client interests lecturing at events sponsored by the Food and Agriculture Organization of the United Nations, The Organisation for Economic Co-operation and Development (OECD) and the Canadian Aquaculture Industry Alliance.

Commenting on his appointment he says, “I am grateful for this opportunity and for the unrivalled expertise and support of my colleagues, who have been and continue to be central to the successful development of the company. I would also like to thank my predecessor Geoff Parkinson for his guidance and encouragement over the years. I look forward to leading Sunderland Marine as a key part of North’s global business.”

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